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Marriott Vacations Worldwide Corp Stock Research

VAC

126.72USD-3.19(-2.46%)Market Closed

Market Summary

USD126.72-3.19
Market Closed
-2.46%

VAC Alerts

VAC Stock Price

VAC RSI Chart

VAC Valuation

Market Cap

5.8B

Price/Earnings (Trailing)

21.79

Price/Sales (Trailing)

1.32

EV/EBITDA

11.85

Price/Free Cashflow

16.31

VAC Price/Sales (Trailing)

VAC Profitability

EBT Margin

2.91%

Return on Equity

15.67%

Return on Assets

4.06%

Free Cashflow Yield

6.13%

VAC Fundamentals

VAC Revenue

Revenue (TTM)

4.7B

Revenue Y/Y

8%

Revenue Q/Q

-5.11%

VAC Earnings

Earnings (TTM)

391.0M

Earnings Y/Y

44.26%

Earnings Q/Q

-19.27%

Price Action

52 Week Range

110.08165.85
(Low)(High)

Last 7 days

-6.3%

Last 30 days

-18.0%

Last 90 days

-5.5%

Trailing 12 Months

-18.5%

VAC Financial Health

VAC Investor Care

Dividend Yield

2.04%

Dividend/Share (TTM)

2.58

Diluted EPS (TTM)

8.77

Peers (Alternatives to Marriott Vacations Worldwide)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
199.4B
23.2B
1.00% 14.82%
32.28
8.6
-0.17% -18.13%
112.9B
32.9B
-6.14% 14.98%
34.01
3.43
8.41% -24.41%
15.5B
8.8B
-14.91% -20.84%
-7.2
1.76
477.01% 59.02%
10.5B
12.2B
-16.39% -50.08%
-1.47
1.09
537.74% 35.87%
MID-CAP
9.1B
1.8B
-0.21% 6.21%
20.61
5
13.31% 76.40%
8.9B
17.0B
-8.79% -7.40%
39.44
0.53
27.66% 584.49%
7.0B
4.0B
-2.19% 24.58%
25.84
1.74
15.91% 10.00%
5.8B
4.7B
-18.04% -18.50%
21.79
1.32
19.69% 697.96%
SMALL-CAP
1.0B
909.4M
-17.85% -12.90%
12.79
1.14
1.47% -17.12%
245.0M
316.6M
-10.34% -26.41%
18.1
0.77
14.24% -56.83%
47.6M
16.5M
-17.08% 651.30%
-2.59
2.89
73.03% 84.28%
15.5M
314.9M
-61.11% -89.12%
-0.34
0.05
15.92% -283.73%

Financials for Marriott Vacations Worldwide

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue1.9%4,6564,5684,3684,1833,890
  S&GA Expenses3.3%807781740690617
Costs and Expenses1.5%3,8723,8153,6993,6123,440
EBITDA-0.2%425426---
EBITDA Margin-4.5%0.10*0.10*---
EBT Margin-4.2%0.03*0.03*---
Interest Expenses-2.0%149152164161184
Net Income7.7%39136326413749.00
Net Income Margin5.7%0.08*0.08*0.06*0.03*-
Free Cahsflow28.4%457356354483-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets4.4%9,6399,2379,3409,5039,613
    Cash Equivalents78.2%524294324354342
  Goodwill0%3,1173,1173,1173,1423,150
Liabilities8.0%7,1416,6096,5946,6796,627
Shareholder's Equity-5.0%2,4962,6262,7462,8242,976
  Retained Earnings11.3%593533448338275
  Additional Paid-In Capital-0.7%3,9413,9683,9633,9454,072
Minority Interest0%2.002.001.0010.0010.00
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations24.3%522420413532343
  Share Based Compensation-18.7%39.0048.0049.0051.0051.00
Cashflow From Investing-30.4%16.0023.00-22.00-215-213
Cashflow From Financing37.5%-486-777-1,461-844-317
  Dividend Payments1.0%99.0098.0098.0072.0023.00
  Buy Backs16.4%70160239019778.00

Risks for VAC

What is the probability of a big loss on VAC?

90.4%


Probability that Marriott Vacations Worldwide stock will be more than 20% underwater in next one year

53.1%


Probability that Marriott Vacations Worldwide stock will be more than 30% underwater in next one year.

38.5%


Probability that Marriott Vacations Worldwide stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does VAC drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Marriott Vacations Worldwide was unfortunately bought at previous high price.

Drawdowns

Returns for VAC

Cumulative Returns on VAC

12.6%


10-Year Cumulative Returns

11.1%


7-Year Cumulative Returns

-0.1%


5-Year Cumulative Returns

35.1%


3-Year Cumulative Returns

What are the long-term rolling returns for VAC?

FIve years rolling returns for Marriott Vacations Worldwide.

Annualized Returns

Which funds bought or sold VAC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-1.63
1,938,470
24,347,500
0.03%
2023-03-06
NORTH STAR ASSET MANAGEMENT INC
added
9.88
54,480
308,480
0.02%
2023-03-06
Rockefeller Capital Management L.P.
added
56.92
12,000
27,000
-%
2023-02-28
Voya Investment Management LLC
reduced
-2.17
346,451
4,646,450
0.01%
2023-02-27
ST GERMAIN D J CO INC
new
-
1,346
1,346
-%
2023-02-23
Portman Square Capital LLP
new
-
4,903,110
4,903,110
0.36%
2023-02-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
82,000
854,000
0.01%
2023-02-21
NORTHWESTERN MUTUAL INVESTMENT MANAGEMENT COMPANY, LLC
reduced
-37.5
-213,744
477,256
0.01%
2023-02-21
MACQUARIE GROUP LTD
reduced
-22.5
-7,959,000
46,873,000
0.06%
2023-02-21
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO
reduced
-76.67
-11,231
3,769
-%

1–10 of 40

Latest Funds Activity

Are funds buying VAC calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own VAC
No. of Funds

Marriott Vacations Worldwide News

MarketBeat

Marriott Vacations Worldwide Co. (NYSE:VAC) Given Consensus ....

MarketBeat,
41 hours ago

Nasdaq

Schedule 13G FIlings of Marriott Vacations Worldwide

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
jwm family enterprises, inc.
5.2%
2,002,797
SC 13G
Feb 14, 2023
bamco inc /ny/
6.47%
2,478,734
SC 13G/A
Feb 10, 2023
senvest management, llc
5.48%
2,101,412
SC 13G/A
Feb 09, 2023
vanguard group inc
8.97%
3,435,585
SC 13G/A
Jan 27, 2023
blackrock inc.
8.9%
3,335,932
SC 13G/A
Jan 25, 2023
blackrock inc.
8.7%
3,335,932
SC 13G/A
Jun 28, 2022
senvest management, llc
5.16%
2,138,024
SC 13G
Feb 14, 2022
bamco inc /ny/
6.41%
2,729,061
SC 13G/A
Feb 03, 2022
blackrock inc.
8.3%
3,535,693
SC 13G/A
Feb 16, 2021
marriott david s
5.0%
2,071,885
SC 13G

VAC Fair Value

Recent SEC filings of Marriott Vacations Worldwide

View All Filings
Date Filed Form Type Document
Mar 23, 2023
4
Insider Trading
Mar 23, 2023
4
Insider Trading
Mar 17, 2023
4
Insider Trading
Mar 17, 2023
4
Insider Trading
Mar 17, 2023
4
Insider Trading
Mar 17, 2023
4
Insider Trading
Mar 17, 2023
4
Insider Trading
Mar 17, 2023
4
Insider Trading
Mar 17, 2023
4
Insider Trading
Mar 17, 2023
4
Insider Trading

Latest Insider Trading transactions for VAC

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-21
Gellein Raymond L JR
acquired
26,306
137
191
-
2023-03-21
Tucker Jonice Gray
acquired
26,306
137
191
-
2023-03-16
SHAW WILLIAM JOSEPH
acquired
-
-
13.00
-
2023-03-16
QUAZZO STEPHEN R
acquired
-
-
14.00
-
2023-03-16
GALBREATH LIZANNE
acquired
-
-
46.00
-
2023-03-16
ANDREWS CHARLES ELLIOTT
acquired
-
-
38.00
-
2023-03-16
Morgan Dianna
acquired
-
-
13.00
-
2023-03-16
Martinez Melquiades R.
acquired
-
-
6.00
-
2023-03-16
Tucker Jonice Gray
acquired
-
-
10.00
-
2023-03-16
Gellein Raymond L JR
acquired
-
-
25.00
-

1–10 of 50

Stephen P. Weisz
20300
Marriott Vacations Worldwide Corporation, a vacation company, develops, markets, sells, and manages vacation ownership and related products. It operates through two segments, Vacation Ownership and Exchange & Third-Party Management. The company manages vacation ownership and related products under the Marriott Vacation Club, Grand Residences by Marriott, Sheraton Vacation Club, Westin Vacation Club, Hyatt Residence Club, and Marriott Vacation Club Pulse brands. It also develops, markets, and sells vacation ownership and related products under The Ritz-Carlton Destination Club brand; and holds right to develop, market, and sell ownership residential products under The Ritz-Carlton Residences brand. In addition, the company offers exchange networks and membership programs, as well as provision of management services to other resorts and lodging properties through various brands, including Interval International, Trading Places International, Vacation Resorts International, and Aqua-Aston. As of December 31, 2021, the company operated approximately 120 properties in the United States and thirteen other countries and territories. The company sells its upscale tier vacation ownership products primarily through a network of resort-based sales centers and off-site sales locations. Marriott Vacations Worldwide Corporation was founded in 1984 and is headquartered in Orlando, Florida.

VAC Income Statement

2022-12-31
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
REVENUES   
Revenue from contracts with customers$ 4,363$ 3,622$ 2,619
Financing293268267
TOTAL REVENUES4,6563,8902,886
EXPENSES   
Marketing and sales807617386
Financing7588107
General and administrative249227154
Depreciation and amortization132146123
Litigation charges11106
Restructuring0025
Royalty fee11410695
Impairment23100
Cost reimbursements1,3671,1281,042
TOTAL EXPENSES3,8723,4402,984
Gains (losses) and other income (expense), net40(51)(26)
Interest expense(118)(164)(150)
Transaction and integration costs(125)(110)(66)
Other120
INCOME (LOSS) BEFORE INCOME TAXES AND NONCONTROLLING INTERESTS582127(340)
(Provision for) benefit from income taxes(191)(74)84
NET INCOME (LOSS)39153(256)
Net income attributable to noncontrolling interests0(4)(19)
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON SHAREHOLDERS$ 391$ 49$ (275)
EARNINGS (LOSS) PER SHARE ATTRIBUTABLE TO COMMON SHAREHOLDERS   
Basic (in usd per share)$ 9.69$ 1.15$ (6.65)
Diluted (in usd per share)8.771.13(6.65)
CASH DIVIDENDS DECLARED PER SHARE (in usd per share)$ 2.58$ 1.08$ 0.54
Sale of vacation ownership products   
REVENUES   
Revenue from contracts with customers$ 1,618$ 1,153$ 546
EXPENSES   
Expenses289250150
Management and exchange   
REVENUES   
Revenue from contracts with customers827855755
EXPENSES   
Expenses444521475
Rental   
REVENUES   
Revenue from contracts with customers551486276
EXPENSES   
Expenses382344321
Cost Reimbursement   
REVENUES   
Revenue from contracts with customers$ 1,367$ 1,128$ 1,042

VAC Balance Sheet

2022-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
ASSETS  
Cash and cash equivalents$ 524$ 342
Restricted cash (including $85 and $139 from VIEs, respectively)330461
Accounts and contracts receivable, net (including $13 and $12 from VIEs, respectively)292279
Vacation ownership notes receivable, net (including $1,792 and $1,662 from VIEs, respectively)2,1982,045
Inventory660719
Property and equipment, net1,1391,136
Goodwill3,1173,150
Intangibles, net911993
Other (including $76 and $76 from VIEs, respectively)468488
TOTAL ASSETS9,6399,613
LIABILITIES AND EQUITY  
Accounts payable356265
Advance deposits158160
Accrued liabilities (including $5 and $2 from VIEs, respectively)369345
Deferred revenue344453
Payroll and benefits liability251201
Deferred compensation liability139142
Securitized debt, net (including $1,982 and $1,877 from VIEs, respectively)1,9381,856
Debt, net3,0882,631
Other167224
Deferred taxes331350
TOTAL LIABILITIES7,1416,627
Contingencies and Commitments (Note 13)
Preferred stock — $0.01 par value; 2,000,000 shares authorized; none issued or outstanding00
Common stock — $0.01 par value; 100,000,000 shares authorized; 75,744,524 and 75,519,049 shares issued, respectively11
Treasury stock — at cost; 38,263,442 and 33,235,671 shares, respectively(2,054)(1,356)
Additional paid-in capital3,9414,072
Accumulated other comprehensive income (loss)15(16)
Retained earnings593275
TOTAL MVW SHAREHOLDERS' EQUITY2,4962,976
Noncontrolling interests210
TOTAL EQUITY2,4982,986
TOTAL LIABILITIES AND EQUITY$ 9,639$ 9,613